Releases

Reuters reported that Moonshot confidentially filed for a Hong Kong IPO and was targeting a roughly $3 billion offering.

Moonshot AI told investors its annual recurring revenue surpassed $1 billion in August 2026, up from $300 million in June, after the July release of Kimi K3. It is targeting $2 billion by the end of 2026 (reported by Bloomberg on 11 September 2026).

Moonshot closed a $3.5 billion financing round, valuing the company at $35 billion.

Moonshot AI's annualized recurring revenue reportedly reached about $300 million in June 2026, up from roughly $200 million in April, as it prepared a Hong Kong listing (Bloomberg). The figure was relayed by the company to investors and is not audited.

Moonshot AI's annual recurring revenue surpassed $200 million in April 2026 as subscription and API revenue accelerated, according to the adviser statement accompanying its roughly $2 billion funding round announced on 7 May 2026.

Following the Kimi K2.5 update, Moonshot AI's annual recurring revenue exceeded $100 million as of the start of March 2026, driven by paid subscribers and API usage, mainland media reported.

Moonshot completed a reported $500 million financing at a $4.3 billion valuation.

Moonshot raised a reported $300 million round that valued the company at $3.3 billion.

Moonshot raised about $1 billion in a financing round led by Alibaba, reaching a reported $2.5 billion valuation.